Investment in Internet of Things companies has doubled in the past five years reports CB Insights from from $768 million in 2010 to over $1.9 billion in 2014.
But who is doing the investing? CB Insights research finds Intel Capital is the biggest player in the space with Qualcomm coming in second.
That two hardware vendors are the biggest investors in the field tells us much about how the tech industry is seeing the IoT as being a key part of the sector’s future.
Thanks for the shoutout, Paul!